Cormark Has Optimistic Outlook of Orla Mining Q1 Earnings

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Cormark raised their Q1 2025 EPS estimates for shares of Orla Mining in a note issued to investors on Wednesday, February 26th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.07 for the quarter, up from their previous forecast of $0.06. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share. Cormark also issued estimates for Orla Mining’s Q2 2025 earnings at $0.19 EPS, Q3 2025 earnings at $0.17 EPS and Q4 2025 earnings at $0.17 EPS.

ORLA has been the topic of several other research reports. TD Securities raised shares of Orla Mining to a “hold” rating in a research note on Tuesday, February 4th. TD Cowen began coverage on Orla Mining in a research note on Tuesday, February 4th. They issued a “hold” rating for the company. Desjardins upgraded Orla Mining to a “moderate buy” rating in a research report on Thursday, October 31st. Finally, Scotiabank upgraded Orla Mining from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 27th. Two analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Orla Mining presently has a consensus rating of “Moderate Buy” and an average target price of $6.13.

Orla Mining Stock Performance

Shares of NYSEAMERICAN ORLA opened at $7.31 on Thursday. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of -730.27 and a beta of 0.71. Orla Mining has a 52-week low of $3.16 and a 52-week high of $7.62. The company has a quick ratio of 3.95, a current ratio of 4.54 and a debt-to-equity ratio of 0.12.

Institutional Investors Weigh In On Orla Mining

Institutional investors and hedge funds have recently made changes to their positions in the business. FMR LLC lifted its position in shares of Orla Mining by 17.3% during the 4th quarter. FMR LLC now owns 24,065,292 shares of the company’s stock valued at $133,264,000 after acquiring an additional 3,553,481 shares during the period. Hillsdale Investment Management Inc. acquired a new position in shares of Orla Mining during the fourth quarter valued at about $11,944,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Orla Mining during the 4th quarter worth about $9,668,000. CWA Asset Management Group LLC acquired a new stake in shares of Orla Mining in the 3rd quarter valued at about $5,927,000. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Orla Mining by 197.3% in the 4th quarter. The Manufacturers Life Insurance Company now owns 880,354 shares of the company’s stock valued at $4,882,000 after buying an additional 584,257 shares during the period. Institutional investors own 43.04% of the company’s stock.

About Orla Mining

Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada.